Refer to the information provided in Figure 3.8 below to answer the following question(s) . 
Figure 3.8
-Refer to Figure 3.8. Assume that there are only two people in the market for baseball caps: Alex and Ryan. Along the market demand curve for baseball caps, at a price of ________, quantity demanded would be ________.
Definitions:
Personal Preferences
Individual choices or inclinations towards certain options, items, or decisions based on personal taste or values.
Environmental Law
All state and federal laws or regulations enacted or issued to protect the environment and preserve environmental resources.
Administrative Agencies
Governmental bodies responsible for executing and enforcing laws and regulations.
Law Firms
Professional business organizations composed of lawyers who engage in the practice of law.
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